VICIn ForceAct
Conveyancers Act 2006
29Person involved in claim may be allowed to hold licence in exceptional circumstances
Start here
Get a plain-English read of 29
Turn the raw legal text into a practical explanation grounded in Conveyancers Act 2006.
29 Person involved in claim may be allowed to hold licence in exceptional circumstances
(1) This section applies to the following persons—
(a) a natural person in relation to whom a claim has been allowed against the Fund;
(b) a director of, or a person concerned in the management of, a company in relation to which a claim has been allowed against the Fund.
(2) The person may apply to the Authority for permission to hold, or to continue to hold, a licence.
(b) require the applicant to provide any further information relating to the application that the Authority thinks fit in the manner required by the Authority;
(5) The Authority may refuse to give its permission if the applicant does not provide the further information required, or his or her consent for the Authority to obtain that information, within a reasonable time after the requirement is made.
(6) The Authority may give its permission if it is satisfied—
(a) that the applicant has refunded, or has made arrangements to refund, all amounts paid out of the Fund in respect of the claim; and
(b) that there were exceptional circumstances which gave rise to the claim against the applicant; and
(c) that, having regard to the conduct of the applicant before and after the claim, there is no reasonable expectation that the applicant will not comply with this Act and the regulations in future; and
(d) that the giving of the permission is not contrary to the public interest.